Word: departmentalized
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All of this took a toll on sales and earnings at upscale department stores and chi-chi fashion houses around the world. Luxury department store sales are down 25% to 30% on average from their peak in early 2008, estimates Aggarwal.
So what's the next move for ritzy retailers? Department stores cut new merchandise orders for the upcoming holiday season by at least 20% to bring supply in line with demand, and began pressuring fashion houses to offer lower-priced goods. "They needed to get traffic into their stores," says...
...lone printer sits on the second floor of Littauer at the center of an otherwise empty room—breathing space for a department that has long complained about its cramped headquarters. But organizers for a new departmental program behind it hope the room will fill up very quickly. The room comes courtesy of the recently-formed Lab for Economic Applications and Policy—a rare splurge amidst the University’s belt tightening—which was formed to promote the use of economics research in crafting public policy. “I want LEAP...
...English 10a and 10b, “Major British Writers” Parts I and II, which was required under the previous curriculum. “The new curriculum leaves a lot more space for people to really pursue what they’re interested in with the new departmental classes,” Younger says. “That’s what I think is the really great thing about the new curriculum.”For some students, the elimination of the traditional lecture-style courses has resulted in a loss of a unifying literary experience, because...
The term person of interest is meaningless. There's no legal definition, and the Department of Justice doesn't offer a formal meaning - despite the fact that it first popularized the term, during the investigation into the 1996 bombing of venues at the Summer Olympics in Atlanta. In that case...